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Market Research Store Report: Global Solar PV Market Will Grow To USD 148.5 Billion by 2020

Global solar PV market was valued at USD 108.3 billion in 2014 and is expected to reach USD 148.5 billion by 2020, growing at a CAGR of around 10% by 2020.

The report covers forecast and analysis for the solar PV market on a global and regional level. The study provides historic data of 2014 along with a forecast from 2015 to 2020 based on both volume (Giga Watt) and revenue (USD million). The study includes drivers and restraints of the solar PV market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the solar PV market on a global level.

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In order to give the users of this report a comprehensive view on the solar PV market, we have included a detailed competitive scenario and system portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s five forces model for the solar PV market has also been included. The study encompasses a market attractiveness analysis, wherein system segments are benchmarked based on their market size, growth rate and general attractiveness.

The study provides a decisive view on the solar PV market by segmenting the market based on systems, applications and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2014 to 2020. Based on system, solar PV market can segmented into CPV, hybrid and others. Key application markets covered under this study includes residential, non-residential and utility. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East and Africa with its further bifurcation into major countries including U.S., Germany, France, UK, China, Japan, India and Brazil.

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The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global solar PV market include Suntech Power, Canadian Solar, Trina Solar, SunPower, Kaneka Corporation, Kyocera Corporation, Mitsubishi Electric Corporation, Panasonic Corporation, Sharp Corporation, JA solar Co. Ltd, Jinko Solar and ReneSola Co. Ltd. The detailed description of players includes parameters such as company overview, financial overview, business strategies and recent developments of the company.

This report segments the global solar PV market as follows:

Global Solar PV Market: System Segment Analysis

  • CPV
  • Hybrid
  • Others

Global Solar PV Market: Application Segment Analysis

  • Residential
  • Non-residential
  • Utility

Global Solar PV Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • Germany
    • France
    • UK
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

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